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Pound Sterling Forecast Directory - Page #37

A round up of the latest Pound Sterling forecast news items from the Currency News desk.

GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

22 Apr 2025 at 3 PM - Written by Ben Hughes

STORY LINK GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

The Pound Sterling's recent rally against the US Dollar takes a break on Tuesday, with GBPUSD trading flat at around 1.337. "GBPUSD looks to be taking a pause following its impressive 10-session rally from 1.2700," says Shaun Osborne, Chief FX Strategist Momentum at Scotiabank. "Momentum is overbought with an RSI at 71 and the...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound Sterling to Euro Forecast: ECB Upside, "EUR Looking Overvalued vs USD, GBP, JPY"

17 Apr 2025 at 4 PM - Written by Frank Davies

STORY LINK Pound Sterling to Euro Forecast: ECB Upside, "EUR Looking Overvalued vs USD, GBP, JPY"

After finding support close to 1.1600, the Pound to Euro exchange rate strengthened to just above 1.1660 GBPEUR after the ECB expressed concerns surrounding the Euro-Zone growth outlook, although the Euro pulled away from initial lows. Commerzbank commented; “given the factors that argue against a hawkish surprise, the risks are...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Strikes Six-Month Best on UK-US Trade Deal Hopes

15 Apr 2025 at 4 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound Sterling Strikes Six-Month Best on UK-US Trade Deal Hopes

GBP/USD climbed to a six-month best buy exchange rate on Tuesday, buoyed by a risk-positive market mood and rising speculation over a potential UK-US trade agreement. The Pound exchange rates enjoyed support on Tuesday as investors embraced riskier assets, pushing the increasingly risk-sensitive UK currency higher against its...

CATEGORIES: Pound Dollar Forecasts

Euro to Pound Sterling Forecast: Sell "Towards 0.850" on Equity Futures Stabilisation

15 Apr 2025 at 8 AM - Written by Frank Davies

STORY LINK Euro to Pound Sterling Forecast: Sell "Towards 0.850" on Equity Futures Stabilisation

As the tariff market volatility seemingly eased on Monday, the Pound to Euro rate secured a further recovery to 1.1640. There has been a decline in overall volatility in global currency markets as the immediate fear element surrounding US trade tariffs has eased. Although there are still very important concerns surrounding the...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

UK Economy: Pound Sterling Tests 1.30, GDP Boost Eclipsed by US Dollar Slide

11 Apr 2025 at 7 AM - Written by Frank Davies

STORY LINK UK Economy: Pound Sterling Tests 1.30, GDP Boost Eclipsed by US Dollar Slide

The Pound Sterling (GBP) is currently testing 1.30 against the US Dollar (USD) after the latest data provided some positive news on the UK economy with a rebound in growth for February. The GBP/USD exchange rate is quoted at 1.29946. The overall impact on the Pound was limited with markets focussed on trade developments and further...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Prediction: Pound Sterling Outlook Flips "Neutral-Bullish" say Scotiabank

10 Apr 2025 at 2 PM - Written by Frank Davies

STORY LINK GBP/USD Prediction: Pound Sterling Outlook Flips "Neutral-Bullish" say Scotiabank

Examining the short-term outlook, the Pound Sterling (GBP) is tipped to extend its recent recovery against the US Dollar (USD), according to the latest technical analysis by FX strategists at Scotiabank. "GBPUSD’s sharp recovery is notable" says Shaun Osborne, Chief FX Strategist at Scotiabank. "The RSI’s dip into bearish...

CATEGORIES: Pound Dollar Forecasts

Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11

10 Apr 2025 at 2 PM - Written by David Woodsmith

STORY LINK Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11

A EUR/USD rally past 1.11 on foreign exchange markets has dragged the Pound Sterling lower against the Euro on Thursday. The Pound Euro (GBP/EUR) exchange rate weakened on Thursday following US President Donald Trump’s U-turn on his global tariffs. On Thursday, the Euro (EUR) gained strength against most of its trading partners...

CATEGORIES: Euro Forecasts Pound Sterling Forecasts

Pound Rebounds Against Euro and Dollar After US Tariff Pause

10 Apr 2025 at 7 AM - Written by James Fuller

STORY LINK Pound Rebounds Against Euro and Dollar After US Tariff Pause

Pound Sterling advanced against the euro and US dollar into Thursday's session after markets reacted dramatically to President Trump's announcement of a 90-day tariff pause, sharply reducing fears of an immediate global recession. GBP/USD climbed from lows of 1.2748 to current levels of 1.280, while GBP/EUR rose from 1.1515 to trade...

CATEGORIES: Pound Sterling Forecasts

90-Day Tariff Pause: Pound CRASHES vs Australian, NZ, Canadian Dollars - Steady vs Euro and Dollar

9 Apr 2025 at 7 PM - Written by David Woodsmith

STORY LINK 90-Day Tariff Pause: Pound CRASHES vs Australian, NZ, Canadian Dollars - Steady vs Euro and Dollar

US markets surged on the news that the global tariffs would be suspended for 90 days, except for China, and foreign exchange rates also saw significant moves. The Pound logged its biggest advance against the Israeli Sheqel (GBP/ILS), rising by 1.6% to 4.8945. It also gained 1.53% on the Japanese Yen (GBP/JPY), climbing to 189.36139,...

CATEGORIES: Pound Sterling Forecasts

GBP/USD Forecast: Pound Sterling Outlook is "Neutral-Bearish" say Scotiabank

9 Apr 2025 at 4 PM - Written by Tim Boyer

STORY LINK GBP/USD Forecast: Pound Sterling Outlook is "Neutral-Bearish" say Scotiabank

Looking at the near-term outlook, the Pound Sterling (GBP) is likely to trade sideways against the US Dollar (USD) , according to the latest technical analysis by FX strategists at Scotiabank. "GBPUSD’s sharp reversal of last week’s delivered a break of its one-month range and a push to fresh local lows in the mid/lower-1.28s"...

CATEGORIES: Pound Dollar Forecasts

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